The government will subsidise the LRT skytrain operation with more than 1 billion patacas a year, Mak Soi Kun, president of the Legislative Assembly’s Public Finance Affairs Follow-Up Committee, has indicated.
Speaking to reporters after a closed-door meeting of the committee on Friday, Mak said – without mentioning any concrete figure – that the LRT subsidy would be “higher” than the one the government pays Macau’s public bus operators every year. He was quick to add that the LRT fares “won’t be very high” as the government was keen to draw passengers to the city’s first railway system.
According to previously published public finance data, the government paid Macau’s public bus operators about 4 billion patacas in subsidies over the past four years, covering 70 percent of their expenditure.
